Credit Counselors and Loan Officers Salary in New Jersey

$42,676 $138,494
10th pct Median: $80,520 90th pct
Percentile Annual Salary
10th (Entry Level)$42,676
25th Percentile$57,974
50th (Median)$80,520
75th Percentile$111,118
90th (Top Earners)$138,494
Source: U.S. Bureau of Labor Statistics OEWS, May 2024

Cost of Living Adjusted Salary

The New Jersey median salary of $80,520 for Credit Counselors and Loan Officers has the purchasing power of approximately $63,054 in Missouri (the COL baseline state with index 100).

New Jersey's higher cost of living (COL index: 127.7) reduces the real purchasing power of wages compared to lower-cost states.

COL data: MERIC 2024 State Cost of Living Index. Missouri = 100 baseline.

Frequently Asked Questions

How much do Credit Counselors and Loan Officers make in New Jersey?
Credit Counselors and Loan Officers in New Jersey earn a median annual salary of $80,520 per year ($38.71/hr) according to BLS OEWS data (May 2024). This is above the national median of $67,100.
Is New Jersey a good state for Credit Counselors and Loan Officers?
New Jersey pays above the national average for credit counselors and loan officers, making it a competitive market for this occupation. Cost of living in New Jersey is higher average (COL index: 127.7).
What is the cost-of-living adjusted salary for Credit Counselors and Loan Officers in New Jersey?
After adjusting for cost of living (COL index: 127.7 vs. Missouri baseline of 100), the $80,520 salary in New Jersey has the purchasing power of approximately $63,054 in Missouri. Higher living costs in New Jersey reduce real purchasing power.
How does New Jersey compare to neighboring states for Credit Counselors and Loan Officers salaries?
For detailed comparison across all states, see the full Credit Counselors and Loan Officers salary page at the national level, which includes a complete 50-state salary table.

Top Paying Jobs in New Jersey

# Job Title Median Annual
1 Anesthesiologists $398,640
2 Radiologists $371,904
3 Orthopedic Surgeons, Except Pediatric $367,464
4 Neurologists $354,720
5 Surgeons, All Other $353,424
6 Ophthalmologists, Except Pediatric $326,256
7 Psychiatrists $299,758
8 General Internal Medicine Physicians $292,008
Source: BLS OEWS May 2024

About Credit Counselors and Loan Officers in New Jersey

Credit Counselors and Loan Officers work in their specialized field applying expertise and skills to deliver value in their organization. This occupation is part of the business finance sector of the U.S. economy.

Education Required: Bachelor's degree

View national Credit Counselors and Loan Officers salary data →